COLLEGE STATION, Texas (AP) The National Science Board has given the go-ahead for Texas A&M University to continue managing a global oceanographic exploration program in a deal worth as much as $250 million to the school.
Another $87.5 million will come from the international community.
A Friday statement from A&M says the board authorized the national Science Foundation to enter into a cooperative arrangement for A&M to manage the International Ocean Discovery Program. A&M also would operate the program's research vessel JOIDES Resolution.
The five-year arrangement begins Oct. 14, 2014. A&M already has been the science operator for the program for 28 years, receiving more than $1.5 billion in funding.
The International Ocean Discovery Program is based at the Texas A&M Research Park in College Station.
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